With US stock futures trading lower this morning on Monday, some of the stocks that may grab investor focus today are as follows:
Wall Street expects Li Auto Inc. to report a quarterly loss at $0.06 per share on revenue of $1.12 billion before the opening bell. Li Auto shares fell 2% to $31.85 in premarket trading Monday.
Best Buy Co Inc is slashing store jobs to lower costs as the spending habits of customers change, the Wall Street Journal reported. Best Buy shares gained 1.6% to $81.57 in the after-hours trading session Friday.
Analysts are expecting Tencent Music Entertainment Group to have earned $0.07 per share on revenue of $1.23 billion for the latest quarter. The company will release earnings after the markets close. Tencent Music shares gained 0.2% to $4.42 in premarket trading Monday.
Beam Global reported downbeat results for its second quarter on Friday. Beam Global shares dropped 4.6% to $17.01 in the after-hours trading session Friday.
Analysts expect Ferroglobe PLC to post quarterly earnings at $0.84 per share on revenue of $738.10 million after the closing bell. Ferroglobe shares gained 1.6% to $6.95 in after-hours trading Friday.
Tesla CEO Elon Musk on Sunday tweeted a congratulatory message to Gig Shanghai for producing its one millionth car, and announced that Tesla has now manufactured over three million electric vehicles. Tesla shares fell 0.5% to $896 in premarket trading Monday.
Peloton Interactive Inc. will embark on a sweeping overhaul that includes cutting nearly 800 jobs, raising prices for its Bike+ and Tread machines, and outsourcing functions such as equipment deliveries and customer service to outside companies. Peloton shares slid 1.3% in premarket trading Monday.
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